Police in Ontario are issuing a warning after a pair misplaced greater than $370,000 in a cryptocurrency rip-off.
The victims purchased cryptocurrency from “an alleged respected funding firm,” Killaloe OPP mentioned in a information launch. “As soon as the request was made to withdraw the alleged funding positive aspects, the funding firm made a number of excuses as to why the couple couldn’t obtain cost and supplied no monies again to the couple.”
Cryptocurrency scammers will supply buy-ins and promise a excessive charge of return in a brief period of time, police say. As a substitute, the sufferer will lose the funding and typically their private and monetary data.
Buyers ought to verify with a good monetary advisor or establishment earlier than making such investments.
Anybody who suspects they or somebody they know have been defrauded ought to contact police or the Canadian Anti-Fraud Centre.
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